severance

(redirected from Severance Benefits)
Also found in: Thesaurus, Legal, Financial.

sev·er·ance

 (sĕv′ər-əns, sĕv′rəns)
n.
1.
a. The act or process of severing.
b. The condition of being severed.
2. Separation; partition.
3. Severance pay.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

severance

(ˈsɛvərəns)
n
1. the act of severing or state of being severed
2. a separation
3. (Law) law the division into separate parts of a joint estate, contract, etc
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

sev•er•ance

(ˈsɛv ər əns, ˈsɛv rəns)

n.
1. the act of severing or the state of being severed.
2. a breaking off, as of a friendship.
3. Law. a division of liabilities, provisions, etc., into parts; removal of a part from the whole.
4. Also called sev′erance pay`. money, exclusive of wages, etc., paid to an employee who is dismissed for reasons beyond the employee's control.
[1375–1425; < Anglo-French; see sever, -ance]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

severance

1. the act or process of severing or separating.
2. the state or condition of being severed or separated, as in the ending of a relationship.
See also: Separation
-Ologies & -Isms. Copyright 2008 The Gale Group, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.severance - a personal or social separation (as between opposing factions)severance - a personal or social separation (as between opposing factions); "they hoped to avoid a break in relations"
schism - the formal separation of a church into two churches or the withdrawal of one group over doctrinal differences
breakup, separation, detachment - coming apart
2.severance - the act of severing
cutting, cut - the act of cutting something into parts; "his cuts were skillful"; "his cutting of the cake made a terrible mess"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.

severance

noun
The act or an instance of separating one thing from another:
The American Heritage® Roget's Thesaurus. Copyright © 2013, 2014 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Translations
قَطْع ، فَصْل، فَصْم
amputacepřerušení
adskillelse
ero
elvágás
skilnaîur
loslossnijdenontslagvergoedingscheidingzijn

severance

[ˈsevərəns]
A. Nruptura f (Ind) → despido m
B. CPD severance pay Nindemnización f por despido
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

severance

[ˈsɛvərəns] n [relations] → rupture fseverance package nindemnités fpl de départseverance pay nindemnité f de licenciement
Collins English/French Electronic Resource. © HarperCollins Publishers 2005

severance

n
(= cutting through)Durchtrennen nt; (violently) → Durchschlagen nt; (= cutting off)Abtrennen nt; (violently) → Abschlagen nt; (fig: = breaking off) (of ties)Lösen nt; (of relations, links, friendship)Abbruch m; (of communications)Unterbrechung f
(also severance package, Econ) → Abfindung f, → Abfindungspaket nt
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

severance

[ˈsɛvərns] n (frm) (of relations) → rottura
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

sever

(ˈsevə) verb
1. to put an end to. He severed relations with his family.
2. to cut or break off. His arm was severed in the accident.
ˈseverance noun
Kernerman English Multilingual Dictionary © 2006-2013 K Dictionaries Ltd.
References in periodicals archive ?
Mr Molale said records only showed the indicated terminal and severance benefits.
Under the terms of the separation agreement, Henriquez is no longer an employee of the company and has relinquished his claims to 1,287,006 restricted stock units and shares of restricted stock whether vested or unvested, plus all related dividend equivalent units, all of his performance restricted stock units, which at target performance represented 812,348 units and could have ranged from 406,174 units at minimum performance to 1,624,696 units at maximum performance, and all severance benefits under the retention agreement.
Speaking with news men in Abuja yesterday, he explained that the newly introduced 'special intervention' subheads captured by the House and Senate through resolution include: N24.6 billion for severance benefits for the outgoing lawmakers and legislative aides, furniture allowances, as well as induction and inauguration of the 9th Assembly.
Payment of severance benefits to a leaving or retiring employee has always been a concern in the UAE, noted Almazar.
The court agreed that Winchester Medical Center did not discriminate or retaliate against its former nursing director, finding there is no adverse employment action when an employer declines to pay discretionary severance benefits because a terminated employee refuses to sign a separation agreement.
They had blocked Street 217 in Meanchey district's Stung Meanchey III commune in Phnom Penh, where the factory is located, as they continued their demands for seniority indemnity and severance benefits.
The donation, which will be made immediately, has been deducted from any severance benefits that may be due Moonves following the Board's ongoing independent investigation of sexual misconduct led by Covington & Burling and Debevoise & Plimpton.
'The ACTED Pakistan is relieved and discharged from any and all payments to me for bonus, gratuity, severance benefits and provident fund.' A senior official who resisted signing the contract was terminated on March 30 claiming that the decision was made because of closure of the projects, sources said.
The net loss for the three months ended December 31, 2017 includes a $49.2 million increase to income tax expense related to the enactment of the Tax Cuts and Jobs Act ("Tax Act") in December 2017 and $5.9 million of severance benefits and branch closure costs resulting from our plan to reduce operating expenses announced in December 2017.
The company said that the fourth quarter net income includes a USD49.2m increase to income tax expense related to the enactment of the Tax Cuts and Jobs Act in December 2017 and USD5.9m of severance benefits and branch closure costs resulting from its plan to lower operating expenses, it revealed in December 2017.
We appreciate the contributions of those whose positions are affected and will provide severance benefits," Avery said in an emailed statement.